ACT 103 Principles of Accounting I

3 Credits

Students are introduced to the study of financial accounting as a system of recording, classifying, and summarizing economic transactions of business entities. In addition, a comprehensive study of accounting for assets, liabilities, and equity are covered. Accounts and financial statements for the proprietorship, partnership, and corporation are examined.

Students enrolled in ENG 094 and/or MATH 092 may not register for this course.